Resorttrust Inc. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
November 07, 2019
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ResortTrust Inc. reported consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported net sales of JPY 84,197 million against JPY 77,334 million a year ago. Operating income was JPY 8,501 million against JPY 6,074 million a year ago. Net income was JPY 5,499 million against JPY 3,998 million a year ago. Net income per share was JPY 51.38 against JPY 37.40 a year ago. Diluted net income per share was JPY 47.32 against JPY 34.40 a year ago.
For the year ending March 31, 2020, the company expects net sales of JPY 171,400 million, operating income of JPY 16,000 million and net income of JPY 10,000 million.
Resorttrust Inc is a Japan-based company mainly involved in the construction and operation of membership hotels and golf courses, the sale of memberships, as well as medical businesses. The Company operates through three segments. The Membership segment is engaged in the development of membership hotels and the sale of various memberships. The Hotel Restaurant segment is mainly involved in the operation of restaurants and resort hotels under the names XIV, BAYCOURT CLUB, SUN MEMBERS and HOTEL TRUSTY, as well as the provision of hotel cleaning services, and on-life insurance agency services. The Medical segment is engaged in the sale and management of medical memberships, as well as the provision of medical consulting services. In addition, the Company is also engaged in real estate rental business and villa management business.
Resorttrust Inc. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
RESORTTRUST, INC. 
